A statutory trust may sue and be sued in its own name.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-1201.04 and § 29-1204.05.
Uniform Law: This section is based on § 308 of the Uniform Statutory Trust Entity Act.
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Subchapter III - Governing Law; Authorization; Duration; Powers
§ 29–1203.02. Statutory trust as entity
§ 29–1203.03. Permissible purposes
§ 29–1203.04. Limitation on liability of trustees and beneficial owners
§ 29–1203.05. No creditor rights in trust property
§ 29–1203.07. Power to hold property; title to trust property